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FL S0156

Bill

Status

Enrolled

3/10/2022

Primary Sponsor

Douglas Broxson

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Amends the definition of "loss run statement" for group health insurance to include premiums paid, monthly number of insureds, and dependent status, in addition to standard claims information.

  • Requires insurers to provide loss run statements within 15 calendar days after an insurer-designated individual or entity receives a written request, rather than upon receipt of the request.

  • Reduces the required claims history period for group health insurance loss run statements from 5 years to 3 years, while maintaining the 5-year requirement for other insurance lines.

  • Restricts loss run statement requests for group health insurance policies to group policyholders only, preventing individual employees from requesting statements.

  • Exempts life insurers and repeals section 627.6647 relating to release of claims experience.

Legislative Description

Loss Run Statements

Last Action

Ordered engrossed, then enrolled

3/10/2022

Committee Referrals

Rules11/30/2021
Rules11/30/2021
Judiciary11/3/2021

Full Bill Text

No bill text available